Surprisingly there is not even a single analyst covering this stock. Wonder why? It has been listed for many years and yet our local institution dont bother?
Let's rewind back to Dufu Q3 results where in the prospects they did mention sales is going to get beaten badly. What they said back then, is reflected in Q4 announced yesterday. They have been very transparent to the minority shareholders like us. How many companies do that in Bursa?
FlyingElephant, agree with you. Management had previously issued sales warning for 4th qtr 2022 and that it may even continue into 1st qtr 2023. Now management clears the cloud and express cautious optimistic result for 1st qtr 2023. 4 sen dividend proposed means the co is confident with its cash flows for 2023. But, based on historical trend, quite often the run followed by a fall.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
charline
15 posts
Posted by charline > 2023-02-24 10:26 | Report Abuse
Quarter drop 81% yesterday and today price still can go up. Talk and says are free and cheap with no strings attached so make wise choice.